NOT LISTED FOR SALE

9316 Grazing Terrace Montgomery Village, MD 20886

Estimated Value: $392,000 - $417,000

3 Beds
2.5 Baths
1,560 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $229,900 $147 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,530/month

59 Days on Market

Highlights

  • Solar Power System
  • 1 Fireplace
  • Floor Furnace
  • Colonial Architecture
  • Central Air
  • Dining Area

About This Home

As of February 2015

This property is eligible under the Freddie Mac First Look Initiative through 11/3/14. Owner Occupant offers considered after 3 days from listing date. Both OO and Investor offers considered after day 20, 11/4/2014 Seller is exempt from Transfer and Recordation taxes and Buyer to pay all. Sold As-is.

Last Agent to Sell the Property

Nick Carras

(301) 606-4008 nick@nickcarras.com RE/MAX Results Listed on: 10/15/2014

RE/MAX Results

Last Buyer's Agent

Magda Kelder

(301) 703-2075 keldersells@yahoo.com EL Portal Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,279

Year Built

  • Built in 1983

Lot Details

  • 1,276 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Finished Basement
  • English Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Eco-Friendly Details

  • Solar Power System

Schools

  • Watkins Mill High School

Utilities

  • Central Air
  • Floor Furnace
  • Electric Water Heater

Community Details

  • Overlea Subdivision

Listing and Financial Details

  • Tax Lot 363
  • Assessor Parcel Number 160901870911

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,279

Year Built

Built in 1983

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished, English
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Solar Photovoltaic
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Floor Furnace
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • High School: WATKINS MILL

Lot Info

  • Improvement Assessed Value: 76300.00
  • Land Assessed Value: 96000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1276
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1276.00
  • Zoning: TS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13955194
  • Tax Annual Amount: 2278.77
  • Assessor Parcel Number: 160901870911
  • Tax Lot: 363
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2014
Closed on
Jan 21, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lara Maria Carolina
Seller's Agent
Nick Carras
RE/MAX Results
Buyer's Agent
Magda Kelder
EL Portal Realty
List Price
$249,900
Sold Price
$229,900
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$403,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,359
Avg. Annual Appreciation
5.35%
Original Mortgage
$225,735
Outstanding Balance
$175,736
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$227,523

Purchase Details

Closed on
Oct 28, 2014
Sold by
Johnson Lauren and Johnson Benjamin
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 28, 2007
Sold by
Farjah Javad
Bought by
Johnson Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 15, 2007
Sold by
Farjah Javad
Bought by
Johnson Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lara Maria Carolina $229,900 None Available
Federal Home Loan Mortgage Corporation $189,861 None Available
Johnson Benjamin $335,000 --
Johnson Benjamin $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Maria Carolina $225,735
Previous Owner Johnson Benjamin $67,000
Previous Owner Johnson Benjamin $268,000
Previous Owner Johnson Benjamin $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2015 02/20/15 Sold $229,900 0.0% $147 / Sq Ft
12/13/2014 12/13/14 Pending -- -- --
11/13/2014 11/13/14 Price Changed $229,900 -8.0% $147 / Sq Ft
10/15/2014 10/15/14 For Sale $249,900 -- $160 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,683 $317,333 -- --
2024 $3,683 $288,967 $0 $0
2023 $4,029 $260,600 $105,000 $155,600
2022 $2,096 $260,000 $0 $0
2021 $1,933 $259,400 $0 $0
2020 $4,843 $258,800 $120,000 $138,800
2019 $2,327 $251,367 $0 $0
2018 $2,242 $243,933 $0 $0
2017 $2,019 $236,500 $0 $0
2016 $2,137 $215,100 $0 $0
2015 $2,137 $193,700 $0 $0
2014 $2,137 $172,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Carras

    Seller's Agent in 2015

    Nick Carras

    RE/MAX

    (301) 606-4008

    41 Total Sales

    Nick Carras
    Section Image

  • M

    Buyer's Agent in 2015

    Magda Kelder

    EL Portal Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003232004

Bright MLS

APN: 09-01870911

Maryland Montgomery County Montgomery Village 20886

9316 Grazing Terrace, Montgomery Village, MD

Not Listed for Sale

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